OzForex: Result 2016

The payments specialist has reported a fall in earnings, and the outlook isn't much better for this year – but what matters for the stock is what happens after that.

You might have thought it was just the banks in the firing line for Australia’s recent spate of big name insolvencies, but it turns out that Dick Smith used OzForex for its international payments and has left it out of pocket to the tune of $300,000.

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